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Offsite Homes

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A<br />

Modern Method<br />

Of Construction<br />

Factory Made Housing


OUR CONCEPT<br />

An innovative British business manufacturing steel framed modular houses in a factory and delivered to site as<br />

a complete ‘turnkey’ weathertight unit.<br />

<strong>Offsite</strong> <strong>Homes</strong> are innovators in the affordable residential market sector. Our unique combination of two dimensional<br />

panel sections and three dimensional volumetric open and closed modules are mass produced to a very high quality<br />

and performance standard in our factory.<br />

The concept of offsite modular housing is not new and dates back to the early 1800’s. Today modular building technology<br />

is well established within the wider construction market, particularly in Northern Europe and Scandinavia. What is new<br />

is our factory produced “turnkey” volumetric solution as depicted below:-<br />

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“Our vision is to become the Henry Ford of<br />

the housing market by manufacturing affordable homes<br />

in a factory to help solve the UK housing crisis.”<br />

Glynne Benge | Chairman & CEO | <strong>Offsite</strong> <strong>Homes</strong><br />

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4


OUR PRODUCT<br />

One house will roll off our factory production line<br />

every 80 minutes.<br />

<strong>Offsite</strong> <strong>Homes</strong> can manufacture one and two bed apartments and two, three<br />

and four bed houses.<br />

We have developed over forty different floor plan layouts to cover customer’s<br />

requirements within the six standard home types as depicted within the<br />

product portfolio.<br />

Internal fixtures can be personalised and there is a wide choice of attractive<br />

external finishes to satisfy the local planning requirements.<br />

The fully finished turnkey modules are transported, craned and connected to<br />

pre-prepared groundworks on site.<br />

Fully approved for mortgage purposes through Lloyds Register, designs are<br />

compliant with the latest Building Regulations, and meet the Nationally<br />

Described Space Standards.<br />

End users can create their own unique dream home to their personal taste,<br />

requirements and budget.<br />

A choice of homes with all plumbing, electrics, tiling and decoration finished:<br />

all baths, showers, cloakrooms and kitchens already pre-fitted.<br />

Six Home Types<br />

Dwelling Apartment Apartment House House House Town House<br />

Type 1 Bed, 1 Storey 2 Bed, 1 Storey 2 Bed, 2 Storey 3-4 Bed, 2 Storey 3-4 Bed, 2 1/2 Storey 3-4 Bed, 3 Storey<br />

Size 39-50 Sq. Metre 61-70 Sq. Metre 70-79 Sq. Metre 84-124 Sq. Metre 84-124 Sq. Metre 90-130 Sq. Metre<br />

Person 1-2 Person 3-4 Person 3-4 Person 4-8 Person 4-8 Person 4-8 Person<br />

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QUALITY AND SUSTAINABILITY<br />

Our commitment is to manufacture sustainable quality homes.<br />

Our ways of working will mean we will produce almost no waste and our<br />

homes will be almost 100% recyclable, therefore meeting the objectives<br />

of the Circular Economy.<br />

Due to the flexibility in design and the quality control benefits that factory<br />

based modular manufacturing offer, it is possible to consistently deliver<br />

dwellings with very high levels of through-life energy efficiency, so making<br />

them cheaper to heat and light, less prone to overheating and having a much<br />

lower through-life carbon footprint than more traditionally built homes.<br />

In addition, the “fabric first” design (i.e. the insulation qualities of the walls,<br />

floors, ceilings and roof section) reduces energy demand, meaning that<br />

the homes can be delivered with lower capital expenditure on infrastructure.<br />

In turn, this reduced infrastructure requires less energy to run, reduces<br />

through-life maintenance and offers cheaper replacement costs when items<br />

such as boilers need to be replaced.<br />

Our Integrated Management System at every factory site will be<br />

certified by an independent UKAS accredited certification body for<br />

Health, Safety, Environment and Quality (OHSAS 18001, ISO 14001<br />

and ISO 9001 respectively).<br />

The management systems will also be certified and conform to the<br />

specific design, manufacture, and construction system requirements of<br />

the “Build<strong>Offsite</strong> Property Assurance Scheme” (BOPAS) and the product<br />

requirements of the BLP “Durability and Maintenance Assessment Scheme”.<br />

We will work with our Principal Contractor partners to deliver<br />

a full start to finish, sustainable quality housing solution.<br />

“Clearly, as one of the region’s key social housing providers,<br />

First Wessex would wish, where possible to support such an<br />

initiative as any help with job creation and affordable housing<br />

in the region matters to us all.”<br />

John Barker | Director of Assets & Development | First Wessex<br />

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KEY FACTS<br />

• 80 minutes production time and three weeks<br />

start to finish per house.<br />

• 50% overall time saving v. traditional build.<br />

• 50% lighter and suitable for brownfield sites.<br />

• 100% recyclable with almost no waste.<br />

• 100% finished turnkey units transported,<br />

craned and utility services connected on site.<br />

• 100% approved by the Council of<br />

Mortgage Lenders.<br />

• Majority of our labour will be employed as<br />

unskilled and then trained within the factory.<br />

• 12 year build warranty underwritten by<br />

Lloyds Register with a 60 year readily<br />

saleable assurance.<br />

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MARKET OPPORTUNITY<br />

Current UK housing supply has plateaued year on year and the latest Department of Communities and Local<br />

Government (DCLG) output figures show c.140,000 new homes being built per annum. With a government target to<br />

produce c.300,000 new homes per annum, the UK now faces a significant housing crisis driven by a number of factors:-<br />

• Lack of skilled tradesmen.<br />

• An ageing population needing to downsize or live in assisted accommodation.<br />

• Increase in single living.<br />

• Lack of available mortgages for first time buyers.<br />

• Social housing development decline.<br />

• An increase in net migration.<br />

• National house builders’ unwillingness and inability to build more homes.<br />

• There are already an estimated 1,700,000 people in England on the social housing register.<br />

• The UK population will increase by 10 million over the next 25 years’ according to government estimates.<br />

<strong>Offsite</strong> <strong>Homes</strong> is a contract manufacturer of “affordable homes” serving the needs of social housing associations, local<br />

and central government (HCA), local authorities, the private rental sector, strategic land owners and mid-size private<br />

property developers.<br />

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END CUSTOMERS<br />

FIRST TIME BUYERS<br />

Younger couples and young families.<br />

DOWNSIZING BUYERS<br />

Retired / semi-retired and empty nester couples and divorcees.<br />

SOCIAL HOUSING<br />

For long term social rental projects.<br />

PRIVATE & RESIDENTIAL LANDLORDS<br />

For long term private sector rental landlords.<br />

9


OUR JOURNEY<br />

1908 1944 2000 2001<br />

2012<br />

Henry Ford developed<br />

and manufactured the<br />

first affordable mass<br />

produced car.<br />

Modular homes were a<br />

major factor in addressing<br />

the post Second World War<br />

housing shortage.<br />

Adrian Roebuck,<br />

Production Manager, first<br />

ran the construction of<br />

modular buildings in the<br />

UAE.<br />

Nick Shorten, Operations<br />

Director joined the<br />

modular building industry<br />

in the UK and China.<br />

CEO, Glynne Benge<br />

travels around Europe to<br />

research modern methods<br />

of construction for the<br />

Welborne project.<br />

Oct 2015 Jan 2016 Feb 2016 March 2016<br />

April 2016<br />

Kevin McCloud HAB<br />

and TV presenter, Grand<br />

Designs visits Daedalus<br />

to view prototype.<br />

Completion of round two<br />

funding having introduced<br />

six new high net worth<br />

investors.<br />

Prototype value<br />

engineering project<br />

started.<br />

Senior Management<br />

team assembled.<br />

Architects appointed to<br />

develop the product<br />

portfolio.<br />

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2013 Jan 2015<br />

Feb 2015 July 2015<br />

Aug 2015<br />

MD, Gary West<br />

successfully sells his<br />

FastTrack 100 company<br />

after seven years and exits<br />

the business.<br />

Glynne Benge and Gary<br />

West, founding directors of<br />

<strong>Offsite</strong> <strong>Homes</strong> join forces<br />

and initial seed capital was<br />

introduced.<br />

The product design stage<br />

commences on Prototype<br />

One through a steering<br />

group of technical experts.<br />

Successful presentation<br />

to Brandon Lewis, Former<br />

Minister of State for<br />

Housing and Planning.<br />

The build stage for<br />

prototype one commences<br />

at Daedalus, Gosport,<br />

Hampshire.<br />

May 2016 June 2016 July 2016 Aug 2016<br />

Sept 2016<br />

New factory sites<br />

identified and visited.<br />

Senior team procurement<br />

visit to Germany.<br />

Successful presentation<br />

to HCA responsible<br />

for national direct<br />

commissioning.<br />

<strong>Offsite</strong> <strong>Homes</strong> move<br />

towards heads of terms on<br />

first factory.<br />

Investment round<br />

three launched.<br />

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OUR TEAM<br />

Our management team has vast experience in modular housing, land development, technology and environmental<br />

science with a proven background of success from business start-up to ultimate exit in construction, supply<br />

chain and retail.<br />

Glynne Benge<br />

Chairman and CEO<br />

Gary West<br />

Managing Director<br />

Nick Shorten<br />

Operations Director<br />

Charles Burt<br />

Technical and Innovation Director<br />

A Chartered Surveyor with over<br />

35 years’ experience within the<br />

commercial and residential property<br />

market, with business interests<br />

in agriculture, marine, retail and<br />

manufacturing. Glynne is actively<br />

involved leading the new Welborne<br />

(Fareham) community offer of 6,000<br />

homes and 5,000 jobs.<br />

A Chartered Marketer, MBA and<br />

entrepreneur with over 25 years post<br />

graduate experience including eight<br />

years founding and managing Planet<br />

Cruise to become a Sunday Times Fast<br />

Track 100 company with a turnover<br />

of £35m before successfully exiting<br />

to Iglu.com in 2013.<br />

With 35 years’ production experience<br />

Nick has been responsible for<br />

managing and delivering significant<br />

modular projects, both in the UK and<br />

Internationally. Nick’s background is<br />

from the Aircraft Industry where he<br />

worked predominantly on Airbus and<br />

Boeing projects. In 2001 he joined the<br />

modular offsite construction industry.<br />

An Environmental Scientist, founded<br />

and managed Olive, an environmental<br />

consultancy, for twelve years.<br />

Previously spent 25 years in<br />

the City, including directorships in<br />

start-ups and floating an investment<br />

company on the LSE.<br />

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Dr Shena Mitchell<br />

Business Development Manager<br />

John Charlton<br />

HSEQ Manager<br />

Adrian Roebuck<br />

Production Manager<br />

Stewart Pearce<br />

Finance Manager<br />

A Doctor of Philosophy with over<br />

30 years working as an academic,<br />

entrepreneur and business strategist.<br />

Specialist areas of knowledge include<br />

raising private and public funds<br />

for start-ups and fast track business.<br />

With over 35 years specialising in QA,<br />

Health and Safety, Environment and<br />

Facilities Management working with<br />

companies such as Nissan, Johnson<br />

Controls, Compass Group, Rio Tinto,<br />

Shell and BP.<br />

Has over 15 years’ management<br />

experience in modular manufacturing<br />

in the UAE setting out new production<br />

facilities and optimizing workflows and<br />

workshops plus managing over<br />

1,200 personnel.<br />

After graduating in Law, Accountancy<br />

beckoned and subsequent roles<br />

included European Finance Director<br />

at 3Com and Corporate Finance<br />

Director at NTL (now Virgin Media).<br />

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PILLARS OF OUR PHILOSOPHY<br />

VISION<br />

We value innovation, changing the way affordable homes are being<br />

built in the UK by creating fully finished modular homes in a factory.<br />

QUALITY<br />

We strive for excellence, exceeding our customers’ expectations<br />

by doing things right first time and taking pride in every detail of<br />

the homes we manufacture.<br />

CULTURE<br />

We nurture a friendly, inclusive team environment amongst<br />

all our employees, suppliers, customers and shareholders<br />

and strive for continuous improvement.<br />

LEGACY<br />

We create meaningful jobs and sustainable starter homes<br />

to make a real difference to the lives of our future generations.<br />

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“I am working with an exciting business, <strong>Offsite</strong> <strong>Homes</strong>,<br />

who I am confident will become a major manufacturer<br />

of modular homes on a national scale.”<br />

Mark Cross | Relationship Director | Lloyds Bank<br />

<strong>Offsite</strong> <strong>Homes</strong> Limited<br />

Merlin House | Meteor Way | Lee-on-the-Solent | PO13 9FU<br />

E: enquiries@offsitehomes.com | T: 02393 877613<br />

offsitehomes.com

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